Have you ever traded yourself?
I mean at a currency or commodity exchange that would count as a regulated one? Obviously, you haven't since otherwise you would have known that this pattern of price behavior is omnipresent. It is the same with major currencies, commodities like oil as well as precious metals. The price may stay frozen literally for weeks and then crash or spike many percentages within a day or two (oil has been particularly notorious in this regard recently). I guess there should be a theory explaining this phenomenon (likely tied to market inertia), but it certainly has nothing with price manipulation as you mean it (i.e. something illegal which is possible only at cryproexchanges). Just in case, regulated exchanges are using the same tricks that unregulated ones employ, and they even get caught (sometimes). I'd rather say it is you who is really naive here
I took you off my ignore list just in time to see this response. First off, trading at an exchange is not required to examine the suspicious coin price charts. But of course I have traded BTC and other cryptos. Do you really think that the massive price shifts for every crypto are "market driven", or normal? What other financial asset class has such rapid price growth and collapse? I guess it's time for you to start googling. And don't give me "penny stocks"
I asked you about trading at a "real" regulated exchange
Such as a commodity or currency exchange like NYMEX or MICEX. I'm not talking about cryptoexchanges like Bitstamp or Bitfinex. The price shifts there are absolutely the same, and they follow the same patterns. There is nothing unusual with that. You can ask any experienced trader, and he will tell you that prices don't change gradually, they almost always move in sudden bursts, either up or down. Some assets are more susceptible to such changes, some less, but that has nothing to do whether the exchange is regulated or not. In this sense, they are "normal" and as market driven as any price could ever be. I don't need to Google anything, I have already told you about crude oil since I traded oil futures myself and I remember the days when the price changed a dozen percentages within 24 hours. I can also tell you about silver which grew a few times within months in 2011. It kinda looks that it is you who needs to get first-hand experience first
Just LOL. You act as if there is something legitimare about your "real" exchanges. Prices there are manipulated in the same ways as I am discussing, if only to a lesser degree due to some mild regulations by SEC and CFTC (agencies that very rarely do anything about the widespread fraud and are in the pocket of major corporations). Oil futures must be one of the most rigged markets in the world. COMEX, forget it, they might have 5% of the "gold" they've sold over the past 20 years...
I never said anything to the contrary
In fact, I always say that myself, and I said that again in one of my replies to your posts above. In case you didn't notice that piece, I can quote it here:
The admins of the exchanges doesn't have enough bitcoin for manipulation because their markets are all decentralized because they are using decentralized currencies so there is no chance for them to manipulate the price of the currencies there and the only thing that they can do is to maintain their site, Bitcoin price is always depending in the demand and not manipulation.
Sorry, but that point of view seems naive to me. You are aware that the cryptocurrency space is almost complete
unregulated?
Therefore, there is nothing stopping an exchange from front-running trades, controlling volume in their favor, outright hacking prices, and arbitraging other exchanges. With transaction volume at all-time highs, there is even more opportunity to "time the markets" and profit handsomely. Have you noticed the volatility on these exchanges? Prices will stay static for 2 weeks and then suddenly leap 100% - that's basically a huge red flag that a market is being manipulated
Now try to make sense of that and how it is different from what you say now ("prices there are manipulated in the same ways as I am discussing"). So how is cryptocurrency space which is "almost completely unregulated" different from other "regulated spaces", which is what your point is essentially about (namely, that "regulated space" would be different)? And you even specifically emphasized the word "unregulated". You may try to back-pedal this issue, you may try to side-step it, you may even try to lol it or otherwise ridicule it, I'm in no hurry to wipe the floor with you (you have well deserved it anyway)
